India sets 16pc export growth target for ’04-05
AFP, New Delhi
India is aiming for a 16 percent growth in exports to reach 73.4 billion dollars in fiscal 2004-2005, the commerce ministry said Friday. "The official 16 percent target for growth of merchandise exports in 2004-2005 from a year earlier is well within reach," said Commerce Secretary Dipak Chatterjee. Indian exports had grown in 2002-2003 by 17 percent, exceeding the 12 percent target, in large part due to a rise in orders from the United States.
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